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The ePlane company is developing India's own commercial eVTOL's
YourStory
·
1y ago
Medial
The ePlane Company, a Chennai-based startup, is aiming to make travel 10 times faster with its electric aircraft. Founded in 2019, the startup focuses on Urban Air Mobility (UAM) and offers safe, sustainable, and affordable flying services to ease on-road traffic congestion. The company has developed several prototypes, including e6, e50, e200, and e100, catering to different payload capacities. The ePlane e200 is India's first eVTOL transportation system, and the startup is working towards commercializing its products by 2025-26.
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Mahindra hails IIT-Madras startup developing electric flying taxis
Internet
·
1y ago
Medial
Anand Mahindra was amazed by ePlane, a startup from IIT Madras, developing electric flying taxis for speedy urban commutes. Founder Prof. Sathya Chakravarthy plans to unveil their first vehicle in 2025. Mahindra hailed IIT Madras as a top incubator, celebrating India's tech innovation surge. ePlane aims to democratize flying, backed by investors like Angel List's Naval Ravikant.
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ePlane aims to complete air-taxi prototype by the end of 2024, says founder
Livemint
·
1y ago
Medial
Aerospace marketplace ePlane plans to complete its prototype of the e200X air taxi by the end of the year. The company, incubated at IIT-Madras, aims to have several prototypes ready for certification and commercialization by 2026. ePlane is developing compact electric vertical-takeoff-and-landing (VTOL) air taxis and aims for full-scale urban commercialization by 2027. The company is also working on services such as agritech, medical cargo, air ambulances, and advanced aircraft development. ePlane has filed for intellectual property rights in about 30 countries and is focused on reducing road emissions through its compact vehicles.
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IIT-incubated startup's air taxis to fly in UAE & Southeast Asia
Economic Times
·
5m ago
Medial
IIT-Madras incubated startup, ePlane Company, partners with Dubai-based Empire Aviation Group to globalize its electric aircraft. The collaboration aims to launch eVTOL air-taxis and air-ambulances in India, UAE, Thailand, and Indonesia, leveraging Empire's aviation expertise. Targeting a 2026 commercial launch, ePlane recently secured a $1 billion deal with ICATT for 788 air ambulances in India. Production plans involve discussing locations with state governments and seeking production partners.
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ePlane looks to ride the Indian government's interest in air taxis with new $14M round
TechCrunch
·
8m ago
Medial
Indian startup ePlane is developing an electric vertical takeoff and landing (eVTOL) vehicle as a solution to India's traffic congestion crisis. The e200x aircraft, designed for intra-city commuting and cargo transport, features a compact wingspan of 8 meters, allowing it to land in tight spaces and make multiple short trips on a single charge. ePlane's lift-plus-cruise configuration combines vertical rotors with wings, enabling reliable and efficient flight. The startup aims to commercialize its electric air taxi in 2026 after obtaining necessary certifications and completing prototyping. ePlane recently raised $14 million in a Series B funding round to support its development and regulatory efforts.
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IIT-Madras incubated ePlane receives DGCA certification for its e200X airtaxis
Economic Times
·
6m ago
Medial
The ePlane Company, an IIT-Madras-incubated startup, received Type Certification from India's Directorate General of Civil Aviation (DGCA) for its electric Vertical Take-Off and Landing (eVTOL) e200X aircraft, marking a first in the Indo-Pacific region. With plans to launch air taxi services by 2026, ePlane aims to transport over 500,000 people daily within three years. The certification recognizes the aircraft's high safety standards and supports India's commitment to innovative, sustainable urban mobility.
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Indian electric aircraft startup ePlane to supply air ambulances in over $1 billion deal
Economic Times
·
5m ago
Medial
The ePlane Company, an Indian electric aircraft startup, has agreed to supply 788 air ambulances in a deal worth over $1 billion, aiding urban travel amidst India's traffic congestion. Partnering with ICATT, an air ambulance provider, ePlane will deploy electric vertical takeoff and landing (eVTOL) aircraft. Targeting 2026 for operations, the initial production will be 100 units yearly. The aircraft will support pilots, paramedics, patients, and stretchers, requiring $100 million for further development and certification.
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Tired of shortages, OpenAI considers making its own AI chips
Arstechnica
·
1y ago
Medial
OpenAI is reportedly considering the manufacturing of its own AI accelerator chips to address the shortage of specialized AI GPU chips and high costs. The company is exploring options such as acquiring a chipmaking company or collaborating with chip manufacturers like Nvidia. OpenAI CEO Sam Altman has expressed concerns over the scarcity and expense of these chips. However, developing custom chips would be a significant strategic shift and may require several years, leaving OpenAI dependent on commercial providers for the time being. Microsoft, a major backer of OpenAI, is also said to be working on a custom AI chip.
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The ePlane Company Raises $14 Mn For eVTOL Development
Inc42
·
8m ago
Medial
ePlane has secured $14 million in Series B funding to further its development of regulatory certifications, manned aircraft, and scaling drone technology. The company plans to conduct flight tests of its eVTOL aircraft in mid-2025, with the aim of commercializing air taxis and ambulances by 2026. Additionally, ePlane is exploring expansion into international markets, particularly Southeast Asia and the Middle East, and expects revenue growth through agricultural drones and smaller eVTOL models by 2025.
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Indian startups raise over $182 million in funding this week
Inshorts
·
8m ago
Medial
Around 24 Indian startups collectively raised over $182 million in funding this week, higher than last week's figure of $138 million. Rural credit startup SarvaGram, electric air taxi maker The ePlane Company, vehicle intelligence firm Vecmocon and ID verification startup Equal were among those who raised funds. SarvaGram raised around $67 million, while ePlane raised $14 million.
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Startup news and updates: Daily roundup (February 17, 2025)
YourStory
·
5m ago
Medial
The Union Budget's Rs 10,000 crore for startups is considered insufficient for India's AI ambitions, according to TV Mohandas Pai. Meanwhile, The ePlane Company is set to deliver 788 air ambulances through a partnership with ICATT. In funding news, You Care Lifestyle received a $1 million investment, Stelmec Ltd raised Rs 175 crore, and Solitario Lab Grown Diamonds secured $3.6 million in pre-IPO funds. KiranaPro became India’s first ONDC-powered quick commerce company, and multiple MoUs were signed for green hydrogen and UAV technologies.
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